Real Estate & Environment

We offer a full range of services in areas including acquisitions and disposals, construction, financing, land use, planning and development, leasing, environmental law, insurance, and taxation. Our clients benefit from our significant experience in orchestrating complex, long-term projects that involve drafting documentation, facilitating negotiations, navigating legal and regulatory issues, and litigating on their behalf. The breadth of our client base provides us with knowledge, enhanced by hands-on experience from all perspectives. We have mastered the local intricacies of law related to real estate, but we also know how to combine it with a broader international-minded approach. Our experts form the only truly specialized environmental law team in the market that provides comparative regulatory advice and supports transactional activities of our clients.
Key projects in the field

Key contact

Audrius Petkevičius

Expert

Head of Real Estate & Environment Practice
+37052191940
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Dr. Andrius Smaliukas

Partner

+370 52665964
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Team

Dovilė Stančikaitė

Associate Partner

+370 52681887
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZG92aWxlLnN0YW5jaWthaXRlQGVsbGV4Lmx0Ij5kb3ZpbGUuc3RhbmNpa2FpdGVAZWxsZXgubHQ8L2E+:xx

Nijolė Vaičiūnaitė

Expert

+370 52681896
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86bmlqb2xlLnZhaWNpdW5haXRlQGVsbGV4Lmx0Ij5uaWpvbGUudmFpY2l1bmFpdGVAZWxsZXgubHQ8L2E+:xx

Ema Būtėnienė

Expert

+370 52665983
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZW1hLmJ1dGVuaWVuZUBlbGxleC5sdCI+ZW1hLmJ1dGVuaWVuZUBlbGxleC5sdDwvYT4=:xx

Jolanta Liukaitytė - Stonienė

Associate Partner

+370 52681880
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86am9sYW50YS5saXVrYWl0eXRlLnN0b25pZW5lQGVsbGV4Lmx0Ij5qb2xhbnRhLmxpdWthaXR5dGUuc3RvbmllbmVAZWxsZXgubHQ8L2E+:xx

Julija Nikitaravičienė

Associate Partner

+370 52657996
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Gabrielė Vazniokaitė

Senior Associate

+370 52681827
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86Z2FicmllbGUudmF6bmlva2FpdGVAZWxsZXgubHQiPmdhYnJpZWxlLnZhem5pb2thaXRlQGVsbGV4Lmx0PC9hPg==:xx

Nendrė Žilinskaitė

Associate

+370 52681897
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86bmVuZHJlLnppbGluc2thaXRlQGVsbGV4Lmx0Ij5uZW5kcmUuemlsaW5za2FpdGVAZWxsZXgubHQ8L2E+:xx

Galina Barin

Senior Associate

+370 52194645
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What's new in the field
Ellex Valiunas is TOP-TIER firm
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Key projects in the field

Ellex Valiunas assisted Baltic Sea Properties in obtaining refinancing loan at bank Luminor for EUR 23.4 million
25-04-2019
 
The law firm Ellex Valiunas assisted Norwegian real estate development company Baltic Sea Properties in obtaining refinancing loan at bank Luminor for EUR 23.4 million. The loan will be used to refinance 23 stores in Lithuania that are leased by the retail chain Norfa and the logistics centre where Rhenus Logistics is located.

According to the signed agreement, Luminor refinances financial liabilities of Baltic Sea Properties held in another bank in Lithuania and provides financing for other business needs.

According to the data of the end of 2018, the total value of commercial premises owned and operated by Baltic Sea Properties amounted to approximately EUR 104 mln. The company’s income from the lease amounted to EUR 7.67 mln. The company’s portfolio consists of 101.000 sq. m of commercial premises. Baltic Sea Properties is a listed company traded on Merkur Markets, Oslo Stock Exchange.

Ellex Valiunas associate partner Julija Nikitaravičienė assisted Baltic Sea Properties in negotiating refinancing and loan documentation.

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Ellex Valiunas assisted VPH in regards to the development and lease of a 20 000 sq. m. shopping park
10-04-2019
 
The law firm Ellex Valiunas advised real estate development company VPH in regards to the development of a 20 000 sq. m. shopping park in Klaipėda, acquisition of territory, lease deals with tenants and other legal matters. 
 
Almost 20 000 sq. m. shopping park will have 25 tenants, including the largest ones Kesko Senukai with 12 000 sq. m. and Maxima.
 
The total value of a project is EUR 20 million. The object is planned to be completed in the beginning of 2020.
 
Real Estate & Environment Practice team advised the client on territory acquisition and development, lease deals with the main two and other tenants, and related object development matters. The team included Head of Real Estate & Environment Practice Audrius Petkevičius, Associate Partners Julija Nikitaravičienė and Dovilė Stančikaitė.
 
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Ellex Valiunas assisted Baltic Sea Properties in signing lease deal with Delamode Baltics
08-04-2019
 
The law firm Ellex Valiunas advised real estate development company Baltic Sea Properties in signing a 12 years lease contract with international freight company Delamode Baltics of a 5000 sq. m logistics centre. The new logistics centre will be developed in a plot between Vilnius and Kaunas, near the logistics terminal that Baltic Sea Properties is developing for Oribalt. The new logistics centre is planned to be built in the third quarter of 2020.

The law firm Ellex Valiunas represented the client in negotiations, advised and drafted the documents in regards to the planning and design, construction, maintenance of the centre and lease deal. The project was led by Associate Partner Julija Nikitaravičienė.

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